Secure Your Funds with a Classic Savings Account for Ages 55+

Specifically designed for customers ages 55 and older, the Senior Statement Savings has a lower minimum balance requirement and
monthly maintenance fee, earns interest and allows direct payroll and Social Security deposits.

Senior man enjoys dinner with his family at the dining room table.

Senior Statement Savings Account Features

Earned interest on
balances of $100 or more

Direct payroll or
Social Security deposits

No fee for quarterly paper statement or eStatement

FDIC insured up
to $250,000

Easy access to your money
with online and mobile banking 1

Low minimum balance requirement and monthly maintenance fee

Overdraft protection2 option for your Peoples Bank checking accounts

Senior Statement Savings Account Details


Must be 55 or older to open this account.

Contact your local banker for the current Annual Percentage Yield.3

Avoid a $2 monthly maintenance fee by keeping a minimum $100 daily balance.

Avoid a $10 monthly maintenance fee by having 6 or fewer debit transactions per month.

Enroll in eStatements to have your monthly account statement delivered directly to your online banking profile.

Learn more about Going Paperless for your account statements.

1There is no cost to download the Peoples Bank Mobile app, but standard rates and fees may apply from your wireless carrier.
2Certain qualifications and fees may apply based on the type of protection selected.
3Rate may change after the account is opened. 
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